Career WebSchool

A brief history of the savings and loan industry progresses into present commercial real estate financing practices. The different types of financing available to commercial properties and their characteristics are explained in detail. Investment evaluation methods including property comparison, appraisal, capitalization rates, and the time value of money are also covered.

Aspects of the commercial sales transaction and tax deferred exchanges are covered in great detail. You will learn the essential elements of the contract, closing procedures, and documentation in a commercial sale along with the benefits and requirements of a tax deferred exchange.

Presents methods and principles for pricing property. Covers pricing compared to appraisal, basic concepts of pricing property, principles of value, approaches to pricing property and application of the market data and replacement cost methods.

The many different types of ownership available in commercial real estate and their implications are covered in this course. Issues addressed include liability, taxes, regulations, set up, and management as well as the benefits and drawbacks to each.

Covers basic principles of real estate finance. Topics include financing instruments, promissory notes, mortgages, assumptions, priority of loans, foreclosures, trust deeds, types of loans, sources of funds, loan practices and closing costs.

This course covers the steps in the cost approach to valuation, including methods for estimating cost and estimating depreciation. Students will apply what they learn using numerous examples.

This course covers the steps in the income approach to valuation, including estimating income and expenses and estimating capitalization rates. Both direct capitalization and yield capitalization are discussed. Students will apply what they learn using numerous examples.

This course covers the steps in the sales comparison approach to valuation. The course explains the data collection process and the various methods for estimating adjustments. Students will apply what they learn using numerous examples.

Course covers types of tax benefits for homeowners and how to calculate the taxes that will impact the purchase of a home.

All of the various forms of residential real estate financing; including conventional, FHA, VA Loans, loan assumptions, purchase money mortgages, alternative financing are explained in this course. Also covers legislation relating to financing.

ADA legislation affects the business of every real estate agent. Find out what the laws cover and how it pertains to you, while refreshing your knowledge of the Federal Fair Housing Laws.

Understand the importance of property inspections and how to advise your clients about the inspection process. Also, learn how to prepare a home for inspection and how to limit your liability during the inspection process.

This course acquaints students to specific laws pertaining to commercial real estate ownership, transactions and federal laws governing real estate agencies. Includes agency, contracts, deeds, easements, estates in land, zoning, restrictions, tenancy, liens, foreclosures, title transfer, leases and court decisions.

Understand the different types of commercial real estate including office space, retail space and storage facilities. Additional topics include industrial real estate brokerage, site selection, land development, and the effect of local and regional labor markets on commercial real estate.

The impact the Internet has on your business and the technology needed get on-line are covered in this course. Learn to utilize the Internet and email to market your listings, manage leads, maximize exposure and locate valuable resources.

Ethics in Real Estate covers the NAR Code of Ethics and reviews case studies pertaining to the code. Sample scenarios are included as a decision making practice for licensees. This course will insure that real estate professionals have a strong understanding of the National Association of Realtors ® (NAR) Code of Ethics and understand the difference between ethical and unethical behavior.

(Meets NAR's 3-Hour Mandatory Ethics Renewal Training)

This course begins with an overview of the Real Estate Settlement Procedures Act (RESPA) and the rationale behind RESPA reform. Revisions to the Good Faith Estimate (GFE) and the HUD-1 and HUD-1A Settlement Statements are described in detail, along with tolerance requirements. The course concludes with some of the most frequently asked questions regarding RESPA reform and the revised GFE, HUD-1, and HUD-1A forms.

Covers the basics of a tax free exchange of residential investment property. Topics covered include requirements of a tax free exchange, types of exchanges and the methods for transferring title when an exchange takes place.